President Javier Milei will ring the traditional “little bell” on Wall Street and will maintain first-hand contact with different investors, within the framework of his trip to the United States to speak the 79th General Assembly of the United Nations (UN)Meetings with the tycoon are also planned. Elon Muskthe President of the European Commission, Ursula von der Leyen and the president of Ecuador, Daniel Noboa.
What is the Wall Street Bell Ringing?
The bell has its origins in the New York Stock Exchange (NYSE), located on Wall Street and founded in 1792. In its early days, Stockbrokers gathered under a tree to carry out their transactionsOver time, the bell was introduced as a means of signaling the start and end of trading. Today, the NYSE continues to uphold this tradition, with prominent personalities and company executives ringing the bell at special events.
The ‘bell’ in other stock markets of the world
This tradition is not only maintained in New York. In the London Stock Exchange (LSE), the bell is also used to mark significant events, although its daily use is not as prominent as at the NYSE. In Tokyo, the Tokyo Stock Exchange (TSE) uses a gong (musical instrument) to mark the start and end of the market, a cultural adaptation of the Western ‘bell ringing’.
The Mexican Stock Exchange (BMV) has also adopted this practice, where the ringing of the bell is used to celebrate new initial public offerings and other important events. Similarly, in Brazil, the Sao Paulo Stock Exchange (B3) uses the bell for crucial events, adding a festive touch to the financial environment.
In Ecuador, the Stock Exchanges of Quito and Guayaquil They also ring bells to announce the availability of a company’s shares or bonds for purchase or sale on the financial market.
The Quito Stock Exchange alone has celebrated 132 bell rings since 2019. This year alone, it has rung its traditional bell nine times. The last five IPOs are: Primax, Mushuc Runa, Ring the Bell For Gender Equality, ASSA and Mareauto.
The meaning and evolution
The bell not only signals the beginning and end of the trading day, but has also become a symbol of transparency in financial markets. Despite the advancement of technology and the automation of stock market transactions, the ‘bell’ maintains its relevance, serving as a reminder of the history and traditions that underpin the global financial system.
In addition, the bell has evolved to be more inclusive and representative. Newcomers, charities and prominent figures from various fields are invited to ring the bell, reflecting the diversity and breadth of the stock market’s impact on society.
Javier Milei’s full agenda in the United States
After participating in the traditional “bell ring” on Wall Street, Milei will meet once again with the Executive Director of Tesla, Elon Muskat 12.30. In the afternoon he will participate in a meeting with the Council on Foreign Relations of the United Stateswhere he will speak for 10 minutes.
Finally, On Tuesday at 4:30 p.m. local time, he will make his statement at the General Debate of the 79th General Assembly of the United Nationsafter meeting with Google’s Vice President of Global Policy and Government Affairs, Karan Bhatia.
After his presentation, he will hold a bilateral meeting with the President of Ecuador, Daniel Noboa and then with the President of the European Commission, Ursula von der Leyen.
Finally On Tuesday at 10 pm he will leave New York for Argentinawhere it is expected to arrive on Wednesday at 7 in the morning.
News in development.-
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
